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Gary Friedman Of Restoration Hardware Leases 50000 SF Retail Space At 1401 Mount Diablo Boulevard

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LEASED

California

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Retail50,000 SF
Leased 01/28/2026
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Property Image
LEASED

Gary Friedman Of Restoration Hardware Leases 50000 SF Retail Space At 1401 Mount Diablo Boulevard

1401 Mount Diablo Boulevard

See Similar Deals
Retail50,000 SF
Leased 01/28/2026
the dealplayerscompscontact
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Summary

CALIFORNIA
Asset Type:Retail
Price Per Square Foot:$0
Total Square Footage:50,000 SF
Transaction Type:Lease

The asset involved in this transaction is a retail space located at 1401 Mount Diablo Boulevard in Walnut Creek. The total square footage of the property is 50,000. This lease pertains to the former Neiman Marcus store at Broadway Plaza, which has been long-vacant. The property is positioned as part of a new experiential retail concept that aims to enhance the commercial environment in the vicinity.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: Not disclosed
  • Tenant: Gary Friedman
  • Tenant Business: Restoration Hardware
  • Address: 1401 Mount Diablo Boulevard
  • Market: Walnut Creek
  • Asset Size: 50,000 square feet

Gary Friedman represents Restoration Hardware in this lease agreement. The deal allows Macerich to repurpose the long-vacant anchor store into a vibrant retail and dining experience, indicating the evolving landscape of retail spaces away from traditional department stores.

Details

LEASED
IMAGE: Gary Friedman DATE: 01/28/2026 ADDRESS: 1401 Mount Diablo Boulevard MARKET: Walnut Creek ASSET TYPE: Retail ~ SF: 50,000 TENANT: Gary Friedman - Restoration Hardware NOTE: RH signed a lease for the former Neiman Marcus store at Broadway Plaza in downtown Walnut Creek, planning a 50,000-square-foot retail, dining, and design “experience” across two buildings including 1401 Mount Diablo Blvd.The lease allows Macerich to reposition a long-vacant anchor into an experiential retail hub, reflecting the broader shift away from traditional department stores.

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Deal Type
Effective Rent (Annual)

$2,865,969.83

Total Lease Value

$28,659,698.28

Net Landlord Cash Flow$2,865,969.83